SCRW fright turnover increased by 3.2% compared with 2008 resultsApril 6, 2009 - 16:45 AMT PanARMENIAN.Net - South Caucasian Railways CJSC fright turnover increased by 3.2% compared with 2008 results. According to forecasts, in 2009 cargo weight will comprise 2782.6 million ton, which exceeds 2008 results (2.75 million ton) by 1%.13% crop freight volume increase is scheduled, as well as local transportation freight increase by 9,5%, SCRW Press Service reported to PanARMENIAN.Net SCRW freight types include transportation of cement (11,14%), crops(15,67%), oil and oil products (11,69%) chemical and mineral fertilizers(1,59%). South Caucasus Railways is an Armenia-based 100% branch of Russian Railways Public Corporation. Armenian railways were transmitted into concessionary administration of South Caucasian railways in accordance with Feb. 13, 2008 concessionary agreement. The term of Concessionary agreement is 30 years with 20 years of prolongation right. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. “Great success”: Pashinyan pleased with new border protocol Pashinyan has described the signing by Armenia and Azerbaijan of a protocol on delimitation in Tavush as “a great success”. Armenia, Azerbaijan sign protocol on demarcation coordinates Armenia’s government took on May 15 another step towards handing over four border areas to Azerbaijan. U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. |